1611 E LAMAR Road, Phoenix, AZ 85016
$2,450,000
Property Type:
Multiple Dwellings
Status:
Pending
Current Price:
$2,450,000
Last Modified:
4/27/2026
Overview
Description
Listing Details MLS# 6974079
Location, Tax & Legal
- House Number
- 1611
- Compass
- E
- Street Name
- LAMAR
- St Suffix
- Road
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85016
- Zip4
- 1015
- Country
- US
- County Code
- Maricopa
- Subdivision
- TOWN HEIGHTS
- Assessor Number
- 164-34-003
- Tax Year
- 2025
- Assessor's Map #
- 34
- Legal Description (Abbrev)
- LOT 3 TOWN HEIGHTS MCR
- Assessor's Parcel #
- 3
- Add'l Parcels
- No
- Tax Municipality
- Phoenix
- Census Tract
- 106400
- Taxes
- 11957
- Legal
- LOT 3 TOWN HEIGHTS MCR
- Marketing Name
- Lamar
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 80' x 144'
- Year Built
- 2023
- Uncvrd Parking Spcs
- 2
- Total # of Units
- 4
- # of Buildings
- 2
- Zoning
- R3
- Elementary School District
- Madison Elementary District
- High School District
- Phoenix Union High School District
Remarks Misc
- Cross Street
- 16th St. & Glendale Ave.
- Directions
- Head South On 16th Make First Left Shopping Center Onto Lamar Rd. Property is the second building on the right.
Status Change Info
- Off Market Date
- 2026-04-26
- Under Contract Date
- 2026-03-05
Legal Info
- Township
- 2N
- Range
- 3E
- Section
- 10
- Lot Number
- 3
More Information
Income Expenses
- Gross Annual Sch Inc
- 142680
- Net Operating Income
- 120600
Showing Notification Methods
- Showing Service
- Aligned Showings
- Text
- Yes
- Phone Call
- Yes
1 Bedroom Units
- # 1 Bedroom Units
- 2
- Avg Rent
- 1700
- Avg SqFt
- 800
- # Baths
- Yes
3 Bedrooms Units
- # 3 Bedroom Units
- 2
- Avg Rent
- 4250
- Avg SqFt
- 2000
- # Baths
- 3
Project Type
- Four Plex
- Yes
Construction
- Wood Frame
- Yes
Const - Finish
- Painted
- Yes
- Stucco
- Yes
Roofing
- Rolled
- Yes
Floors
- Vinyl
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 11957
- Other Income
- 0
- Vacancy Allowance
- 0.04
- Adjusted Gross Inc
- 136972.8
Pmt & Rate Info
- Cap Rate
- 4.92
- Equity
- 2450000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
Heating
- Ceiling
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Electric
- Yes
Exterior Amenities
- Landscape Water System
- Yes
- Fenced
- Yes
- Partially Fenced
- Yes
- Patio/Balcony
- Yes
Tenant Pays
- Gas
- Yes
- Water
- Yes
- Sewer
- Yes
- Electricity
- Yes
- Trash Collection
- Yes
- Cable TV
- Yes
Appliances Included
- Built-In Gas Oven
- Yes
- Dishwasher
- Yes
- Disposal
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Washer/Dryer
- Yes
Road Access Type
- City Street
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
Road Responsibility
- City Maintained Road
- Yes
Water Source
- Individual Meter
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Garage
- Yes
- Carport
- Yes
- On Street
- Yes
- >1 Space Per Unit
- Yes
- Garage Door Opener
- Yes
Electric
- APS
- Yes
Gas
- SW Gas
- Yes
Owner Pays
- Landscaping
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
Existing 1st Loan
- Conventional
- Yes
Existing 2nd Loan
- Treat as Free&Clear
- Yes
Reports/Disclosures
- None
- Yes
Environmental
- None
- Yes
Efficiency Units
- Avg Rent
- 0
2 Bedroom Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
Four Plex
Construction:
Wood Frame
Const - Finish:
Painted; Stucco
Roofing:
Rolled
Floors:
Vinyl
Sale Includes:
Land & Building
Community Features:
No Pool
Exterior Amenities:
Landscape Water System; Fenced; Partially Fenced; Patio/Balcony
Appliances Included:
Built-In Gas Oven; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Heating:
Ceiling
Cooling:
Ceiling Fan(s); Electric
Water Source:
Individual Meter
Sewer:
Sewer - Public
Electric:
APS
Gas:
SW Gas
Parking Features:
Garage; Carport; On Street; >1 Space Per Unit; Garage Door Opener
Road Access Type:
City Street
Road Surface Type:
Asphalt
Road Responsibility:
City Maintained Road
Owner Pays:
Landscaping
Tenant Pays:
Water; Sewer; Electricity; Gas; Trash Collection; Cable TV
Source of Fincl Data:
Owner
Showing Notification Methods:
Text; Phone Call
Lockbox Type:
None
Existing 1st Loan:
Conventional
Existing 2nd Loan:
Treat as Free&Clear
New Financing:
Cash; Conventional
Environmental:
None
Listing Office:
RMB Realty LLC
Last Updated: April - 27 - 2026
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